Investments
TPG will halve China investments in new US$5 billion Asia fund
TPG will soon close its eighth Asia buyout fund at around US$5 billion, with the new portfolio set to slash its China allocation by more than half from prior...
Institutional investors cool on private market investments: Nuveen survey
The EQuilibrium 2024 Global Institutional Investor Survey, the results of which were released on Thursday, is Nuveen’s fourth. It covers corporate and government pensions, insurers, endowments and foundations, superannuation...
Manulife faces 40% decline in US office investments from peak
MANULIFE Financial is facing a divided global office market, with the value of its United States office investments having plummeted by as much as 40 per cent from a...
Petronas looking at new LNG investments in Atlantic Basin
MALAYSIA’S state energy firm Petroliam Nasional is considering new investments in the Atlantic Basin for its liquefied natural gas (LNG) business, a senior executive said on Tuesday (Mar 19)....
CSE Global proposes S$24 million placement to fund acquisitions, investments
CSE Global on Thursday (Mar 14) proposed a placement of 60 million new shares to raise S$24 million for strategic acquisitions and investments. Each new share will be priced...
Foreign buyers drive Japanese stocks to new highs with renewed investments
FOREIGNERS returned as net buyers of Japanese stocks last week, buoyed by positive global market sentiment that propelled domestic shares to fresh record highs. According to exchange data, foreigners...
Kodak disbands team managing US$4 billion of pension investments
EASTMAN Kodak is disbanding a team that manages the firm’s US$4 billion of pension investments, according to sources with knowledge of the matter. The former giant of the photography...
Far East Orchard H2 net profit up four times to S$57.7 million on gains from student accommodation investments
REAL estate group Far East Orchard posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times...